Seventy-Five Years Ago: Beer = Money

Counting Down to April 7, the Anniversary of the Return of Legal Beer

People who supported Prohibition (the “drys”) had lobbied against the return of beer by accusing the “wets” of over-estimating the economic impact of legal beer. The wets enjoyed the last laugh — and did so all the way to the bank: By March 28, the brewers in just one city, Milwaukee, had processed $4 million dollars in orders. (That’s about $62 milllion in 2006 dollars.) And they’d already paid more than $50,000 in federal taxes ($777,0000 in 2006 dollars).

COMMENT

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s